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12th Class Accountancy Admission of a Partner Question Bank MCQs - Reconstitution Of a Partnership Firm : Admission of a Partner

  • question_answer
    Disha and Abha were partners in a firm. Farad was admitted as a new partner for 1/5th share in the profits of the firm. Farad brought proportionate capital. Capitals of Disha and Abha after all adjustments were Rs. 64,000 and Rs. 46,000 respectively. Capital brought by Farad was :

    A) 22,000

    B) 27,500

    C) 55,000

    D) 28,000

    Correct Answer: B

    Solution :

    27,500


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